SECTION 1: TITLE, SCOPE AND MEMBERSHIP
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Right to withdraw from the Scheme
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(i) |
An employee may, on or after 6 April 1988, exercise an option
not to be a member of the scheme. From the effective date the Scheme will
no longer apply to the member withdrawing save in respect of any preserved
benefits he may retain in the Scheme (including prospective entitlement
under section 7), and he should not be regarded as a member for its purposes.
An employee who has exercised the option allowed by this Rule is referred
to as having withdrawn from the Scheme.
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(ii) |
The option must be exercised in writing in such form
as may be prescribed by the Authority, and the effective date of the
option is the earliest practicable date following the date on which
the option form is received by the Local
Pensions Officer of the person’s employer or the Pensions Administration
Office Thurso.
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